Laws, Regulations & Annotations

Property Taxes Law Guide – Revision 2015

Property Tax Annotations

200.0000 BASE YEAR VALUE TRANSFER

(a) BASE YEAR VALUE TRANSFER – PRINCIPAL RESIDENCE

Annotation 200.0113

200.0113Replacement Property. Property eligible for the homeowners' exemption which is sold but repossessed within eighteen months and once again occupied by the seller as his or her principal place of residence qualifies as a replacement property for purposes of Revenue and Taxation Code section 69.5. C 9/18/1992.